sikiliza (39.47)

The Greek IPO

1

The only way out of Greece's current quagmire is to have an IPO on the FTSE with parallel listings on the NYSE and the DAX. This would not only mean that all major investment and retirement funds including CalPers are allotted shares but also that by being publicly listed, Greece would be insured against certain collapse.

They could have JPM run the book for a change (Morgan Stanley and Goldman have had the lion's share of major IPOs in the last 12 months) and Bruno Iksil could join the current President Karolos Papoulias in doing a roadshow through global financial capitals ending at the door to the Fed.

After all, if Groupon IPO'ed and Facebook goes live tomorrow, why shouldn't Greece? IPOs are the new, new thing.